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National Bank of Cambodia

The National Bank of Cambodia (NBC; Khmer: ?????????????????????????????????????????????????????????, romanized: Th??n??ak??ar Ch??at?? ney K??mp??ch??a) is the central bank of Cambodia. The bank's duties include, inter alia, the management of monetary and exchange policies, the regulation of banks and financial institutions, and the control of the national currency, the riel. The bank was established in 1954, after Cambodia obtained its independence from France, taking over from the Institut d'??mission des ??tats du Cambodge, du Laos et du Viet-nam, a short-lived French quasi-central bank that had itself replaced the Banque de l'Indochine two years earlier. During Democratic Kampuchea from 1975 to 1979, the whole financial system ceased to exist in the era of the non-monetary economy, but the central bank was re-established in October 1979. It was known as the "Red Bank" or "Banque Rouge", and...

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wikidata.org 0 views · 2024-12-26 22:53:25

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